1. Shadow prices and markets: Policy reform shadow prices and market prices – 2. Shadow prices and markets: Feasibility constraints foreign exchange and shadow wages – 3. Discount rate: The rate of discount for benefitcost analysis and the theory of the second best – 4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions – 5. Income distribution: Allowing for income distribution – 6. The costs and benefits of analysis: Project appraisal and planning twenty years on – 7. Time saving: Research into the value of time – 8. Safety and the saving of life: The theory of equalizing differences – 9. Safety and the saving of life: The economics of safety and physical risk – 10. The environment: The environment and emerging development issues – 11. Exhaustible resources: Resource depletion research and development and the social rate of discount – 12. Regulation and deregulation: Enhancing the performance of the deregulated air transportation system – 13. Pricing: Pricing and congestion Economic principles relevant to pricing roads – 14. Public transport: The allocation of urban public transport subsidy – 15. Health care: QALYs and the equityefficiency tradeoff – 16. Infrastructure: Water vending activities in developing countries – 17. The Environment: Assessing the social rate of return from investment in temperate zone forestry

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